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Profit GrowthChina's top four banks are seeing their profit margins tighten.While the 4-state run banks are seeing combined profit growth of around 10-percent through the first 3-quarters, the increase is down significantly from the same period a year ago.It's being forecast China's top 4 banks may only see combined profit growth of around 5-percent for the full year.Since China Construction Bank first went public in 2005, China's top-4 banks have recorded combined profit increases of over 20-percent.For more on the situation with China's banks, we spoke earlier with Shen Hong, China Bureau Chief of Dow Jones Newswire.
Profit GrowthChina's top four banks are seeing their profit margins tighten.While the 4-state run banks are seeing combined profit growth of around 10-percent through the first 3-quarters, the increase is down significantly from the same period a year ago.It's being forecast China's top 4 banks may only see combined profit growth of around 5-percent for the full year.Since China Construction Bank first went public in 2005, China's top-4 banks have recorded combined profit increases of over 20-percent.For more on the situation with China's banks, we spoke earlier with Shen Hong, China Bureau Chief of Dow Jones Newswire.